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(TATASTEEL) Tata Steel complete technical analysis [charts+indicators] | Buy/Sell Tata Steel | (TATASTEEL) share price targets

Complete technical analysis of Tata Steel (TATASTEEL) by charts plus indicators, forecast predictions and share price targets for Tata Steel (TATASTEEL)

Tata Steel trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-07-08 View latest technical analysis

10 day averaged volume of Tata Steel is 36737929

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	172.28	174.60	175.47	172.09	0.857 times
05 Fri Jul 2024	174.71	176.20	176.20	173.40	1.038 times
04 Thu Jul 2024	176.29	177.00	178.19	175.82	0.803 times
03 Wed Jul 2024	176.37	174.54	176.88	174.40	0.792 times
02 Tue Jul 2024	174.54	174.47	175.75	173.60	0.908 times
01 Mon Jul 2024	174.07	174.50	175.99	173.51	0.757 times
28 Fri Jun 2024	174.01	174.17	177.10	173.57	1.021 times
27 Thu Jun 2024	174.16	172.56	174.95	171.80	1.355 times
26 Wed Jun 2024	172.56	175.68	176.00	171.84	1.198 times
25 Tue Jun 2024	175.68	177.99	179.00	175.25	0.833 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 174.2, but if it comes above 174.2, then a intra day buy could be more profitable.
If you take a sell trade below 174.2, then use 174.2 as stoploss and 169.9 as target. However if you take a buy trade in stock , then use 174.2 as stoploss and 177.78 as target.

Share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Target	138.35
Downside Target	148.15
Downside Target	156.50
Downside Target	170.70
Upside Target	177.70
Upside Target	178.18
Upside Target	178.19
Upside Target	179.00
Upside Target	184.10
Upside Target	184.60

Intraday share price targets for Tata Steel (TATASTEEL)

Target Type	Value
Downside Intraday Target	171.09
Downside Intraday Target	169.9
Upside Intraday Target	174.47
Upside Intraday Target	176.66
Upside Intraday Target	173.28

Weekly technical analysis of Tata Steel (TATASTEEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	172.28	174.60	175.47	172.09	0.199 times
05 Fri Jul 2024	174.71	174.50	178.19	173.40	0.754 times
28 Fri Jun 2024	174.01	177.44	179.00	171.80	1.256 times
21 Fri Jun 2024	179.94	183.80	184.60	178.18	0.731 times
14 Fri Jun 2024	183.15	180.21	184.10	177.36	0.552 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Tata Steel (TATASTEEL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	172.28	174.50	178.19	172.09	0.186 times
28 Fri Jun 2024	174.01	173.25	184.60	148.15	1.003 times
31 Fri May 2024	167.20	165.00	177.70	158.05	0.904 times
30 Tue Apr 2024	165.00	156.80	170.70	156.50	0.802 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tata Steel (TATASTEEL)

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tata Steel ( (TATASTEEL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tata Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Tata Steel in short term but the sell signal is initial and weak.

Tata Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tata Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Tata Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 174.36 and Tata Steel (TATASTEEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Tata Steel (TATASTEEL) stock. Volume based technical analysis of Tata Steel (TATASTEEL) stock is negative.

Tata Steel Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.